New Jersey Business Loans

Business Financing for New Jersey’s Small Businesses

Only four U.S. states are smaller in size than New Jersey, but the state is ninth in population and first in population density. Its proximity to New York and Philadelphia and its major industrial activity, as well as its role as a key transportation corridor and favorite summer vacation spot, all contribute to New Jersey’s economic importance in the Northeast and to the entire country.

Industries in New Jersey

The state is known for its production of chemicals and pharmaceuticals, machinery and a variety of other products, including electronic equipment, printed materials, and processed foods. New Jersey has long been a leader in industrial research and development, dating back to Thomas Edison’s research facility in Menlo Park in 1876! Since then, color television, the videotape recorder and the LCD were all invented in New Jersey’s research labs. Telecommunications and biotechnology are major industries in addition to finance, warehousing, and “big box” retailing. These industries have all served to transform New Jersey way beyond the collection of commuter suburbs it was once viewed as.

An incredible transportation system moves products and traffic and keeps New Jersey’s vacation industry humming. But the state is also an agricultural leader, growing cranberries, blueberries, potatoes, corn, hay, and peaches. It’s also known for dairy, eggs, poultry, horses, and mules.

New Jersey’s population is approaching 9 million, with a civilian workforce of almost 4.5 million. Because of this, it is a great place for small businesses to thrive. Many small business owners have already realized the importance of investing in their operations using small business loans. NJ business owners can benefit from being able to hire new staff, pay for advertising, manage their cash flow, and much more thanks to this form of financing.

Small Business Loans in NJ

Small businesses have a significant impact on New Jersey’s economy and are crucial to the fiscal health of the state. They represent 98.4 percent of all employers and employ slightly more than half of the private-sector labor force. There are nearly 800,000 small businesses in New Jersey. Interestingly, self-employment in New Jersey has surged over the past decade.

No one supports New Jersey businesses like BFS Capital. We provide small business loans for up to $1 million and are the preferred source of business capital for New Jersey businesses. We earn this position every day, not just because we’re willing to lend but also because we’ve designed our entire funding experience around the needs of business owners. For small business owners in New Jersey, business loans can mean the difference between failing and flourishing. Our NJ small business loans have many benefits:

We’ve streamlined our New Jersey business loan application and approval process to be simple and fast.

We offer favorable repayment terms, taking into account the needs of smaller businesses in NJ.

Funding is provided in as few as two business days following approval.

Funds can be used for any business expense, at the discretion of the business owner.

Poor credit does not mean you won't qualify.

Because we are a leading lender offering small business loans, NJ business owners are sure to be happy with BFS Capital. There are many good reasons why it's smart to use our small business loans: New Jersey residents often apply with us to use our NJ small business loans for things like remodeling and expansion, purchasing inventory, and upgrading equipment and technology. No matter your needs, we can help.

Apply For New Jersey Business Loans Today

At BFS Capital, we take pride in offering the best funding solutions for our customers. With help from our merchant cash advances and small business loans, New Jersey business owners can achieve their dreams and grow their businesses with ease. Many New Jersey businesses are catching the wave of funding solutions from BFS Capital, with an eye on today and tomorrow, and we may have financing solutions for your business, too. If you’re interested in a small business loan, NJ customers should give us a call today or apply online to begin the approval process and see what we can do for you.

These products can be either business loans or merchant cash advances. Business loans may be provided by third parties and are subject to lender approval. Products offered by BFS Capital and affiliates are not consumer loans. In California, loans made or arranged pursuant to a California Finance Lenders Law license by BFS West Inc. or made by other lenders. Time to funding subject to processing time by merchant’s bank.